LIVE MARKETS-S&P 500, Nasdaq inch up; Boeing falls after Air India crash
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S&P 500, NASDAQ INCH UP; BOEING FALLS AFTER AIR INDIA CRASH
The S&P 500 .SPX and Nasdaq .IXIC are edging higher with gains in technology shares in early trading Thursday, even as Middle East tensions are keeping investors on edge and as Boeing shares are falling following an Air India plane crash.
The Dow .DJI is roughly flat.
Shares of Boeing BA.N are down 4.1%. More than 200 people were killed when the plane with 242 people on board crashed minutes after taking off from Ahmedabad in India. Aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner.
The technology sector .SPLRCT is up about 1%, leading gains among S&P 500 .SPX sectors.
The U.N. nuclear watchdog's board of governors declared Iran in breach of its non-proliferation obligations and Tehran announced counter-measures.
Investors also are digesting data showing U.S. producer prices increased less than expected in May, restrained by lower costs for services like air fares.
Here is the morning market snapshot:
(Caroline Valetkevitch)
EARLIER ON LIVE MARKETS:
U.S. STOCK FUTURES PARE LOSSES SLIGHTLY AFTER LATEST DATA DUMP CLICK HERE
NEGATIVE RATES COULD BE COMING BACK CLICK HERE
CONSOLIDATION IN GOLD BODES WELL FOR NEXT LEG HIGHER CLICK HERE
EURO ZONE BOND SUPPLY FRONT-LOADED IN H1 CLICK HERE
EUROPE DOMINATES AI AND BIG DATA FUND MARKET - MORNINGSTAR CLICK HERE
STOXX ON TRACK FOR BIGGEST DROP IN THREE WEEKS CLICK HERE
EUROPE BEFORE THE BELL: FUTURES SINK ON TRADE JITTERS CLICK HERE
NO RELIEF FROM US-CHINA TRADE TRUCE CLICK HERE
Early market snapshot
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